Apple issued a special notice to investors and customers today, warning them that due to COVID lockdowns in China, it's currently experiencing significantly reduced production of iPhone 14 Pro.
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COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity. As we have done throughout the COVID-19 pandemic, we are prioritizing the health and safety of the workers in our supply chain.
We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models. However, we now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated and customers will experience longer wait times to receive their new products.
We are working closely with our supplier to return to normal production levels while ensuring the health and safety of every worker.
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For Apple to issue a press release on this, the company likely expects production slowdowns to have a material effect on earnings for the quarter. If you're interested in purchasing one of these models, place your order as soon as possible.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for further updates.
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COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity. As we have done throughout the COVID-19 pandemic, we are prioritizing the health and safety of the workers in our supply chain.
We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models. However, we now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated and customers will experience longer wait times to receive their new products.
We are working closely with our supplier to return to normal production levels while ensuring the health and safety of every worker.
-----
For Apple to issue a press release on this, the company likely expects production slowdowns to have a material effect on earnings for the quarter. If you're interested in purchasing one of these models, place your order as soon as possible.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for further updates.